Harvey Recovery Complete Data Suggests
Our counterpart, Jack Dunn, at itstheeconomy.info had some interesting data drops today. unemployment overall down since Hurricane Harvey.
"Texas suffered substantial damage this past hurricane season. It was thought that the hurricane damage to Texas and Florida would negatively impact the National GDP and that the 1-2 punch could have stalled or ended the solid economic growth experienced during 2017.The weekly unemployment claims data did spike after the landfall of Hurricane Harvey. This column has written a few articles regarding this topic.
The data available allows for a look at the employment levels and the unemployment levels. Some sectors had their best December data ever. Some sectors have recovered from the recession and may not be at all-time levels for December, and two are not back to pre-recession levels."
Continue reading analysis at itstheeconomy.info